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Friday, November 03, 2006

AAEA Parent Opens Carbon Mercantile Exchange

The Center for Environment, Commerce & Energy (the Center) has opened an emissions trading service with carbon dioxide as the main commodity. The Carbon Mercantile Exchange (CMX) is a service that allows clients to trade carbon dioxide, methane, sulfur dioxide, nitrogen oxides, and mercury. Customers can reduce their "emission footprint," the total emissions created by driving, flying, usnig electricity and other activities. CMX is easy to use and fully transparent. All transactions are open for public review. The CMX is a free on-line emissions offset clearinghouse service.

CMX can be used to complement other emissions offset programs. Our mission is to promote verifiable reductions in greenhouse and smog-forming gases. The service is open to everyone. It is a market-based system that will rely on the goodwill of the participants to conduct honest trades. The service is a dynamic portal that will serve as a gateway for innovative emissions reductions. CMX is one part of a global effort to reduce global climate change and smog in our cities.

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